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Global
Stories and analysis from The Business Now newsroom.
Global
Ukraine Launches Major Drone Strikes on Russian Oil Refineries and Tankers: What It Means for Global Oil Prices, Crimea, and India
Ukraine Targets Russian Energy Infrastructure in One of the Largest Drone Operations Ukraine has launched one of its most significant long-range drone campaigns of the year, targeting multiple Russian oil refineries and fuel tankers linked to supplying occupied Crimea. According to Ukrainian officials, the overnight operation struck three oil refineries and several tankers believed to...
Global
Trump Threatens Fresh Action Against Iran: Says US May Strike Again, Warns of Kharg Island Operation and Hormuz Blockade
Trump Escalates Pressure on Iran with Fresh Military Warning Tensions in the Middle East have intensified once again after U.S. President Donald Trump warned that the United States could launch additional military strikes against Iran if American interests or regional allies come under threat. Trump also raised the possibility of targeting Iran’s Kharg Island, the...
Economy
Trump and Zelenskyy Meet at NATO Summit: High-Stakes Talks Signal a New Chapter in Ukraine’s Future
Trump and Zelenskyy Hold Crucial Bilateral Meeting at NATO Summit Global attention turned to the NATO Summit as U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy held a high-profile bilateral meeting, sparking renewed speculation about the future of the Russia-Ukraine conflict, Western military support, and the broader security landscape in Europe. The meeting came...
Business
Global Stock Market Crash Today: Asian Markets Sink as Sensex, Nifty, Nikkei and Shanghai Extend Worldwide Sell-Off
Global financial markets witnessed a broad-based sell-off on Wednesday as investors reacted to rising economic uncertainty, geopolitical tensions, and cautious expectations surrounding central bank policies. Major Asian benchmark indices closed sharply lower, adding to concerns that volatility may continue across global equity markets. Investors worldwide shifted toward safer assets as risk appetite weakened. India’s benchmark...
Commodities
China Boosts Diesel and Gasoline Exports in July 2026: What It Means for Global Oil Prices, Asian Markets, and Fuel Supply
China has taken a major step toward easing regional fuel supply concerns by significantly increasing exports of diesel and gasoline for July 2026. The move comes after months of tighter export controls that had reduced the availability of refined fuel across Asia and contributed to market uncertainty. The decision is expected to reshape fuel markets,...
Global
US-Iran Ceasefire Under Pressure After Fresh Strikes and Attacks in Bahrain and Kuwait
US-Iran Ceasefire Under Pressure After Fresh Strikes and Attacks in Bahrain and Kuwait A fragile ceasefire between the United States and Iran has come under renewed strain after both sides accused each other of violating the agreement following a fresh round of military action in the Gulf region. According to multiple reports, Iran’s Islamic Revolutionary...
Global
US-Iran Tensions Escalate After Military Strikes: Global Markets Brace for Rising Geopolitical Risk
US-Iran Tensions Rise, Increasing Pressure on Global Financial Markets Fresh military developments involving the United States and Iran have once again drawn global attention to the Middle East, a region that remains critical to international energy supplies and geopolitical stability. As reports of military operations and heightened security concerns emerge, investors are closely watching how...
Global
Trump Revives Greenland Proposal at NATO Summit, Sparking Fresh Debate Over Arctic Security
Trump Renews Push for Greenland at NATO Summit US President Donald Trump has once again brought Greenland into the global spotlight by repeating his long-standing belief that the United States should control the Arctic island. His remarks came during the NATO summit in Ankara, where leaders gathered to discuss defense cooperation, regional security, and growing...
Business
Bank of England Warns AI Could Threaten Global Financial Stability: What Investors Need to Know
Bank of England Warns AI Could Threaten Global Financial Stability Artificial Intelligence (AI) is transforming industries at an unprecedented pace, but the Bank of England has cautioned that its rapid expansion could also introduce new risks to the global financial system. While AI is expected to boost productivity, improve efficiency, and accelerate innovation, policymakers believe...